SBI 400-day FD: The Amrit Kalash fixed deposit scheme has been terminated by the State Bank of India (SBI), India’s largest public sector bank, thereby forcing many investors to reconsider their financial strategies. The temporary type of an FD scheme was introduced to provide attractive returns at the rate of 7.10% per annum to general … Read more
In a rather shocking development, the country’s largest public sector bank, SBI, has withdrawn its popular Amrit Kalash fixed deposit scheme. Thousands of customers will be left disappointed. The scheme was intended to yield very good returns in just 400 days, which as of 1st April, 2025, will no longer be open for fresh investments. … Read more
Fixed Deposits (FDs) are still one of the most reliable forms of investment in India, especially when looking for a safe and high-yield investment. Established banks like SBI, IDBI, and Punjab & Sindh Bank have very high interest rates for special FD schemes these days, with up to a maximum of 8.05%. Imagine earning ₹95,000 … Read more